Author: NBTC

Ethereum is testing resistance near $4,000, with the potential to rise to $4,200 if broken. Whale investor sells 11,638.9 ETH for $46.4 million, securing a 96% return. Ethereum is currently testing strong resistance near $4,000 and is trading at $3,890. If it breaks above this level, the price could target $4,200. Conversely, a breakdown below $3,800 may see prices retreat to $3,600. The RSI, currently at 67.23, reflects strong bullish momentum without signaling overbought conditions. Its 14-day average RSI of 68.55 confirms consistent strength. The moving averages further support a bullish outlook. The 9-day EMA at $3,836.57 recently crossed above…

SYDNEY – Immutable has reached a new milestone in Web3 gaming, celebrating the success of RavenQuest, a flagship MMORPG, and the launch of Chapter 2: Perpetual Rewards. This marks a significant step forward in the evolution of Immutable’s Main Quest rewards system and sets the stage for a more engaging and rewarding experience for players.—The Next Evolution in Rewards: Perpetual RewardsImmutable’s Main Quest has already set the bar high for Web3 gaming rewards, and now, with the introduction of Perpetual Rewards, players will be able to unlock consistent, ongoing rewards. Starting in January 2025, gems will become exchangeable for weekly…

Coinbase has added 34 tokens to its listing roadmap in 2024, with meme coins making up 20% of the total, reflecting the exchange’s cautious approach despite the meme coin craze. As a publicly traded company, Coinbase‘s 2024 strategy for listing tokens seems to reflect a more measured approach compared to its rivals, with a selective focus on high-market-cap meme coins and a preference for Ethereum (ETH) and Base (BASE) networks rather than Solana (SOL) or BNB Chain (formerly Binance Smart Chain). https://twitter.com/ai_9684xtpa/status/1866367898501206452 In an X thread on Dec. 10, an on-chain analyst under alias “ai_9684xtpa” revealed that in 2024, Coinbase…

Illegal cryptocurrency mining has become a significant issue in Paraguay, prompting concern among energy regulators. According to the National Electricity Administration (ANDE), this illegal activity is primarily responsible for rising electrical losses, which have now surpassed 28%. As the popularity of cryptocurrencies grows, so does the impact of unregulated mining techniques that deplete critical energy supplies. Scope of electricity losses Recent figures from the CEARE-BID consultancy for October 2024 demonstrate the significant impact of illegal mining on the national energy system. It suggests that these operations involve major theft of electricity, which contributes significantly to the increased trend in overall…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The world we operate in is rapidly changing, and businesses are having to adapt swiftly. Following the global pandemic, many enterprise businesses were forced to look domestically as supply chains were hit and international trade became more challenging. This has been compounded by geo-political tensions, which have been impacting global supply chains. However, many supply chains have started to open up and are becoming increasingly strong as new technology unlocks borders, both physically and metaphorically. You might…

Aera Protocol, a platform offering autonomous, data-driven treasury management, has partnered with Seamless Protocol and Aerodrome to introduce an advanced approach to liquidity management on Coinbase’s Layer 2 blockchain, Base. The collaboration focuses on deploying Protocol-Owned Liquidity (POL) strategies, utilizing automation to enhance liquidity management for decentralized organizations. Protocol-Owned Liquidity (POL) refers to liquidity held and managed directly by DeFi protocols or DAOs rather than relying on third-party providers. POL ensures a consistent token availability, POL reduces slippage and encourages deeper market participation. “We are enabling DAOs and leading DeFi projects to automate and optimize their liquidity strategies in a…

Ethereum ($ETH) has recently surpassed Mastercard in market capitalization. Ethereum’s market cap touched $485 billion, just ahead of Mastercard’s $484 billion. This landmark signifies how Ethereum is slowly becoming an important player in the financial industry. However, this win was short lived and it fell below $480 billion quickly. Ethereum Hits $3,950, Up 38% in 30 Days The price is $3,950 for Ethereum, which also shows a dynamic increase. ETH has also gone up by 38% in the last 30 days. This came at a time when the overall market for cryptocurrencies had a very robust run up. Demand is…

Binance, a leading cryptocurrency exchange, has announced the activation of several new trading pairs as well as Trading Bot services on its Spot platform. Binance Expands Spot Trading Options and Introduces New Trading Bot Services These updates aim to increase trading flexibility and improve user experience. New Trading Pairs Binance will make the following trading pairs available starting at 11:00 AM on December 11, 2024: ACX/USDC, ORCA/USDC ACX/FDUSD, ORCA/FDUSD ACX/TRY, ORCA/TRY KSM/TRY, CELO/TRY Trading Bot Services To further improve trading efficiency, Binance will be enabling Trading Bot services for select pairs, including: Spot Grid and Spot DCA: ADA/EUR, DOGE/EUR, G/USDT,…

IQ, the platform that powers the IQ.wiki knowledge base, has recently announced an exclusive collaboration with XLink. As per IQ, the partnership aims to increase the accessibility of Bitcoin-related knowledge among the crypto community. 🔔Partnership announcement 🔔IQ goes live on the XLink website!🎯@XLinkbtc, a bi-directional bridge that enables asset transfers between Bitcoin and its Layer 2 solutions, now links to its wiki page on https://t.co/ZO5en08FdI making info more accessible than ever 💪🏼 Learn… pic.twitter.com/CPsuVXQAuZ — IQ (@IQWIKI) December 9, 2024 IQ and XLink Collaborate to Improve the Delivery of Dependable Crypto Information IQ disclosed that, with its collaboration with XLink,…

Crypto investor Dan Tapiero says that he sees massive incoming growth for one specific sector of the digital assets space. In a new interview with Real Vision’s Raoul Pal, Tapiero says that he thinks US-based decentralized finance (DeFi) could explode in size after previously being pushed outside the country due to hostile regulators. Tapiero, the founder of multiple venture capital firms in the space, says that institutions are on the edge of discovering just how small the DeFi world is compared to the rest of the financial markets. “So if I’m looking out over the next two years, the thing…